Top management, through strategic plan, designs the guide of actions that are necessary to achieve company goals. Methodologies and tools are essential for comparing the results reached through operative actions with those programmed; so that the management can analyze the differences and decide operations to better manage the future. In this area the principle aim is to support, who has the decision, with instruments that increase management knowledge. As a whole, the control system, is "simply" an overall feedback model, the results of which, if given in time to top management, allows him/her corrective actions that can be "vital" for company conduction. Above knowing how things are going compared to what has been planned, top management needs to know which are the so called "master variables" that have particularly influenced the results. What will describe in this paper will be the following: how, through System Dynamics approach, a simple "feedback control" management model can be integrated with a "feed-forward System" so to support top management in the process of budget planning and management control. Two problems will be particularly discuss that could be of interest. - An application of dynamic problem definition as a prerequisite to a good System Dynamics modeling. This theoretical approach will be integrated also with an approach that imposes to define an aggregate model which contains, particularly, "master variables". - The model will be discussed and developed together with an academic expert in Italian public accounting and this will be a way to spread out the knowledge in System Dynamics approach in Italian university environment. The result model will support public managers in the process of budget plan and the management control.

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Date created

• 1994

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

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fe35db792b573af835d96e6eba4759cd

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Part of

c060552994c1527f70693734935660f1

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Part of

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives